Sienna Senior Living Completes Acquisition in Greater Toronto Area
Globenewswire·2025-10-02 12:30
MARKHAM, Ontario, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. ("Sienna" or the "Company") (TSX: SIA) announced today that it has finalized its acquisition of Cawthra Gardens, a 192-bed Class A long-term care home in Mississauga, Ontario, for a gross purchase price of 2.0 million capital allowance that the Company plans to use within the next 12 months. Sienna has acquired the property at a 6.75% capitalization rate and expects the transaction to be immediately acc ...